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Blaine Real Estate Market Report for December, 2008

By
Real Estate Agent with eXp Realty

Blaine Real EstateMarket Report for December, 2008

Blaine Real Estate Chart

The following is a quick analysis of the Blaine real estate market.

  • There are currently 218 homes for sale.
  • Homes are priced from $87,500 - $6,995,000
  • Average Asking Price $455,057     Days on Market: 153 days
  • Median Asking Price $299,925       Days on Market: 86 days
  • Homes sold in December: 9
  • Average Listing Price $426,023
  • Average Sold Price $389,371       Days on the Market 200
  • Median Listing Price $289,950
  • Median Sold Price $262,000              Days on Market: 70
  • Homes Pending this week: 4    Total Homes Pending: 26

Condo Analysis for Blaine/Birch Bay

Blaine Real Estate Chart 

  • Currently Active Listings: 81
  • Price range of active listings - $25,900 - $1,300,000
  • Average List Price $419,810         Days on the Market:  145
  • Median List Price $397,500           Days on the Market: 110
  • Sold in December: 1
  • Average List Price: $131,900 
  • Average Sold Price: $131,900       Days on the Market: 153
  • Median List Price:$131,900 
  • Median Sales Price:$131,900          Days on the Market: 153
  • Condos Pending this week: 0    Total Condos Pending: 2

There are some great values in the Blaine market right now, and interest rates are extremely low. You might want to take a look at what it would cost you to purchase one of these homes at today's rates. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house.

If you would like some info about Blaine real estateor living in Blaine visit my website at BellinghamProperty.com or give me a call.

 

Comments(1)

Steven L. Smith
King of the House Home Inspection, Inc. - Bellingham, WA
Bellingham WA Home Inspector

Michael,

Interesting. My last few inspections, I have had more in Blaine than locally. Things are still a bit off kilter with snow, flooding and holidays all mixed in.

Jan 09, 2009 01:22 PM